Author Topic: National Assembly set to invite Buhari over economic recession  (Read 149 times)

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Offline yungcrux

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National Assembly set to invite Buhari over economic recession
« on: September 23, 2016, 07:10:46 AM »
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The House of Representatives will liaise with the Senate to invite President Muhammadu Buhari to address a joint session on the recession, the Speaker, Yakubu Dogara, has said.



He spoke yesterday while ruling on a motion on the economic downturn by Olayiwola Kazzim (APC, Ogun).

Kazzim blamed the recession on the Federal Government’s monetary and economy policies.

Dogara said the membership of the ad hoc committee to meet with the Senate would be constituted next week.

Kazim noted that as a result of the crash of crude oil prices from over $120 per barrel in the last quarter of 2014 to about $45, Nigeria had been witnessing a dramatic reduction in oil earnings.

Minority leader Leo Ogor identified lack of clear policies and inconsistency in government policies as being responsible.

Chairman of the Committee on Aviation Nkeiruka Onyejiocha (PDP, Abia) said the effect of the recession on the aviation sector was massive.

She called on the Federal Government to consider the possibility of declaring an emergency in the sector.

Meanwhile, Chairman, Committee on Media and Public Affairs Abdulrazaq Namdas, at his weekly press briefing, said the Speaker would not appear before the Ethics Committee for investigation on allegations by ex-Appropriation Committee Chairman Abdulmumin Jibrin.

He said: “We were able to refer his case to the Committee on Ethics and Privileges, and that committee has been given one week to turn in its report, and I think on that matter this is what we have been able to do so far.”


 

 

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